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Pimco's top investment officer said on Tuesday that "late decision makers" are largely behind a rush of withdrawals from its flagship bond fund some five months after the departure of longtime manager Bill Gross, but the outflows should taper off before long.

Investors yanked another $8.6 billion from the Pimco Total Return Fund last month, Pimco said on Tuesday in the latest indication the firm's flagship fund is still reeling from the sudden departure of co-founder Bill Gross last September.

State-controlled nuclear group Areva must lay out its industrial strategy and clearly present its financial situation before the French state will consider any financial operation, Economy Minister Emmanuel Macron told Reuters on Tuesday.

Greece's government submitted a bill to offer free food and electricity to thousands of poverty-stricken Greeks as its first legislative act in parliament, in a symbolic move to address what it calls a "humanitarian crisis".

The London Metal Exchange is considering whether its electronic LMESword system could be used to oversee metal stored outside the exchange, an executive said on Tuesday, the latest sign that a financing fraud in China was still roiling banks and trading.

U.S. regulators on Tuesday asked for more time to react to a complaint by MetLife over their decision to subject the insurer to tougher oversight, and requested a judgment in the lawsuit early next year.

Ryanair wants details of British Airways owner IAG's plans for Aer Lingus, including possible remedies to competition concerns, before it decides whether to accept IAG's offer for its 30 percent stake, its chief executive said on Tuesday.

U.S. stocks followed other equities markets lower on Tuesday, with major indexes pulling back from record highs as soft auto sales raised doubts about the U.S. economy, while the dollar fell from an 11-year peak versus a basket of currencies.

Ireland on Tuesday became the second country in the world to pass legislation requiring cigarettes to be sold in plain packets, despite threats of legal action by tobacco companies opposed to the move.

Berkshire Hathaway Chief Executive Warren Buffett, one of the largest shareholders in General Motors Co, said on Monday he would be wary of putting former U.S. autos task force member Harry Wilson or anyone else on the company's board if the focus was on the short-term performance of the automaker.

Ukraine's central bank will raise its benchmark refinancing rate to 30 percent from 19.5 percent, the head of the central bank said on Tuesday, seeking to rein in rocketing inflation and stem persistent currency weakness.

Britain is close to agreeing the sale of its 40 percent stake in the Eurostar rail link to a consortium of Canadian pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes, Sky News reported on Tuesday.

Switzerland's Social Democratic Party wants a parliamentary debate about a scandal surrounding HSBC's Swiss bank and has accused the country's financial regulator and attorney general of doing too little to pursue criminals using offshore accounts.

Pope Francis approved detailed new plans to reform Vatican finances on Tuesday, giving the Australian cardinal leading the changes sweeping powers to monitor Vatican departments and ensure budgets conform to international accounting standards.

JPMorgan Chase will pay $50 million (32.5 million pounds) as part of a national settlement agreement to compensate homeowners in bankruptcy over the use of robo-signing and other improper practices, the Department of Justice said on Tuesday.

Sainsbury’s will offer online shoppers the option of picking up orders in store, years after the service was introduced by rivals Tesco and Asda, upping the stakes in Britain's brutally competitive grocery market.

Greece is tapping into the cash reserves of pension funds and public sector entities through repo transactions as it scrambles to cover its funding needs this month, debt officials told Reuters on Tuesday.

European Union regulators should ease capital charges on insurers to help them support the region's plan to boost growth through infrastructure projects, a senior executive at Italian insurer Generali said on Tuesday.

The European Bank for Reconstruction and Development will launch a five-year programme of loans and investments in Greece that EU governments hope can foster enterprise and growth to help revive an economy hobbled by public-sector debt.